1. BMO Guardian Global Dividend Class Advisor Series Active Management by Kleinwort Benson Investors Ltd.

2. 1.Super contribution to total return 2.Confidence to invest in equities 3.Global diversification A Global Dividend Focus can provide 3 great things for investors: 2 BMO Guardian Global Dividend Class Advisor Series

3. With compounding – dividends contributed almost 70% of total return over the past 40 years. Dividends - Super contributors to total returns 3

4. 1.Are stagnating (typical after bear market) 2.Have moderate growth opportunities If markets: 4 BMO Guardian Global Dividend Class Advisor Series Enter dividends 1.Potential for more consistent and better total return 2.Can ease investor fear Dividend-paying companies can generally provide downside protection When stock prices go down – or are volatile – investors gravitate to dividend- paying companies for dividends The Four Stages of the Typical Secular Bear Market and Its Aftermath Dividends – Confidence to invest Global dividends – a way to advance globally with confidence

5. Larger Opportunity set Canada – only 120 regular dividend-paying companies compared to more than 2,000 globally 5 BMO Guardian Global Dividend Class Advisor Series Dividends – Global diversification

6. 1.Investment Process – Dividend Selection Focus on dividend sustainers and growers 2.Investment Focus 3.Open investing strategy Market/sector neutral 4.Kleinwort Benson Investors Ltd. Four reasons to pick the BMO Guardian Global Dividend Class Advisor Series 6 BMO Guardian Global Dividend Class Advisor Series

7. Not all Dividends are the same - Selection is key A significant differences exist between dividends: Healthy companies can sustain and grow dividends Unhealthy companies cannot Selection requires active, bottom-up analysis 7 BMO Guardian Global Dividend Class Advisor Series 1. Investment Process - Dividend selection

8. The Manager differentiates between dividends: 1.Dividend payers Payout 2.Dividend sustainers Yield, regular payout and high cash flow 3.Dividend growers Yield, regular payout, cash flow and growth to drive sustainable long-term returns Dismissing many dividend-paying companies, and focusing on the second two types 8 BMO Guardian Global Dividend Class Advisor Series 1. Investment Process - Dividend selection

9. The Fund focuses on companies with better business metrics than the Index 9 BMO Guardian Global Dividend Class Advisor Series Company Selection Metrics 2. The Fund’s investment focus 1.Better Payouts 2.Better Valuations 3.Better Quality Management and Balance Sheets

10. Few restrictions 1.All Cap Strategy: 2. Market Neutral 3. Sector Neutral 10 BMO Guardian Global Dividend Class Advisor Series 3. Open investing strategy

11. 1.Part of Brussels-based KBC Group 2.Over 25 years experience managing money 3.Fund management and quantitative analysis teams offer more than 90 years if combined experience 4. Kleinwort Benson Investors Ltd. 11 BMO Guardian Global Dividend Class Advisor Series About the Company

12. Gareth Maher Senior Portfolio Manager Gareth Maher Senior portfolio manager for Dividend Plus Strategies 22 years of industry experience 12 BMO Guardian Global Dividend Class Advisor Series At the helm BMO Guardian Global Dividend Class

13. 1.Diversification Global Over 2,000 dividend-paying companies vs. 120 in Canada Market/sector neutral 2.Differentiating investment strategy Focuses on dividend sustainers and growers – not simply payers 3.Experienced global manager Guarding against risk 13 BMO Guardian Global Dividend Class Advisor Series

14. Disclaimers 14 ®Registered trade-mark of Bank of Montreal, used under licence. For information only. The information contained herein is not, and should not be construed as, investment advice to any party. Investments should be evaluated relative to the individual’s investment objectives and professional advice should be obtained with respect to any circumstance. BMO Guardian Funds refers to certain mutual funds and/or series of mutual funds offered by BMO Investments Inc., a financial services firm and a separate legal entity from Bank of Montreal. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus of the mutual fund before investing, their values change frequently and past performance may not be repeated. BMO Guardian Global Dividend Class Advisor Series